IBM and Hacera Create the ‘Yellow Pages’ of Blockchain
IBM and HACERA launch Blockchain registry
HACERA, a blockchain development firm has joined forces with tech giant IBM to launch a registry which includes Blockchain networks for different industries. On 13th September IBM announced that it was joining HACERA as a founding member. In this project, the two companies want to enable blockchain related companies to come together in a catalog-like way. According to IBM, the new platform will be like the Yellow Pages of Blockchain Technology.
The entire platform which is headed but HACERA was launched on 13th September with the startup stating that it will build a decentralized catalogue which will show networks which are permissioned and which are not permissioned in the directory of the Blockchain platform.
During the announcement Jerry Cuomo the Vice President if Blockchain at IBM stated that:
“As the number of blockchain consortiums, networks and applications continues to grow we need the means to list them and make them known to the world, in order to unleash the power of blockchain. The Unbounded Registry, built on blockchain technology, provides a decentralized means to register, look up, join and transact across a variety of blockchain solutions, built to interoperate with all of today’s popular distributed ledger technologies.”
According to the report institutions that will be want to join the registry will have to apply for approval. However, both IBM and HACERA have not disclosed the terms and conditions for acceptance into the catalog. At the moment the catalog has 70 networks which include Intel, SAP, Huawei, Oracle, Finastra, IBM’s Batavia and Hacera’s BT.
IBM has been working with HACERA since2016 when the company became among the first members of the IBM Blockchain ecosystem. Blockchain is making fast development in the corporate world. The technology is fast becoming the center of attention for most tech companies. This platform is said to have been built on the Hyperledger Fabric 1.0 belonging to Linux Foundation.
In addition, the registry is built on an open ledger app which will allow blockchain companies to register their data and information in a distributed way. This registry has also incorporated all the best blockchain platforms which include Stellar, R3 Corda, EEA Quorum and Hyperledger Fabric.